Hey Everybody,

We're excited to give the community the first demonstration algorithm of how to use one of the 5 ETF universes in the competition: Technology ETFs.

This algorithm provides a rough template of how this universe can be used in a submission and also implements some of the backtest requirements (5-year minimum, $1m starting cash minimum, and using the Alpha Streams brokerage model).

Some factors that tend to affect the movement of Tech stocks that you can consider when writing an algorithm:

  • Major news announcements: regulatory action, FCC announcements, trade-war updates, etc.
  • Corporate actions: mergers, earnings reports, etc.
  • Analyst sentiment

P.S. -- Keep an eye out for new data sources regarding major corporate actions, trade-war news, and analyst sentiment to inform your trading signals!